Common use of Prior Authorization Required Clause in Contracts

Prior Authorization Required. The Tax Matters Member or Company Representative (as applicable) shall take no action without the authorization of the Managing Member, other than any such action as may be required by Law. Any reasonable, documented cost or expense incurred by the Tax Matters Member or Company Representative (as applicable) in connection with its duties, including the preparation for or pursuance of administrative or judicial proceedings, shall be paid by the Company.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Ranger Energy Services, Inc.), Limited Liability Company Agreement (Ranger Energy Services, Inc.)

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Prior Authorization Required. The Tax Matters Member or Company Representative (as applicable) shall take no action without the authorization of the Managing MemberBoard, other than any such action as may be required by Law. Any reasonable, documented cost or expense incurred by the Tax Matters Member or Company Representative (as applicable) in applicable)in connection with its duties, including the preparation for or pursuance of administrative or judicial proceedings, shall be paid by the Company.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Ranger Energy Services, Inc.), Limited Liability Company Agreement (Ranger Energy Services, Inc.)

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